IsoEnergy to Acquire Toro
IsoEnergy Ltd, a Canada-based company, has announced its intention to acquire Australian company Toro Energy, creating a diversified uranium company.
The deal is valued at approximately AUD75 million (CAD68.1 million, USD49 million) and is expected to close in the first half of 2026, subject to necessary approvals.
Following the acquisition, shares in the merged company will continue to trade on the Toronto and New York stock markets, while Toro will be removed from the Australian Securities Exchange.
No additional information is provided.
Author's summary: IsoEnergy acquires Toro for AUD75 million.